Globe Telecom, Inc.

Globe Telecom, Inc.verified

GTMEY

Price:

$32.54

Market Cap:

$266.13B

Globe Telecom, Inc. provides telecommunications services to individual customers, small and medium-sized businesses, and corporate and enterprise clients in the Philippines. The company operates through Mobile Communications Services and Wireline Communication Services segments. It offers digital wireless communications services under the Globe Postpaid and Prepaid, and Touch Mobile brands; long distance communication or carrier services; broadband, as well as wireline voice and data communication services; and electronic payment and remittance services under the GCash brand. The company provides value-added services, such as inbound and outbound short messaging, content downloading, mobile ...[Read more]

Industry

Telecommunications Services

IPO Date

2016-04-26

Stock Exchange

OTC

Ticker

GTMEY

The Current Ratio as of July 2025 (TTM) for Globe Telecom, Inc. (GTMEY) is 0.63

According to Globe Telecom, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.63. This represents a change of 3.38% compared to the average of 0.61 of the last 4 quarters.

Globe Telecom, Inc. (GTMEY) Historical Current Ratio (quarterly & annually)

How has GTMEY Current Ratio performed in the past?

The mean historical Current Ratio of Globe Telecom, Inc. over the last ten years is 0.68. The current 0.63 Current Ratio has changed 9.08% with respect to the historical average. Over the past ten years (40 quarters), GTMEY's Current Ratio was at its highest in in the September 2020 quarter at 1.10. The Current Ratio was at its lowest in in the June 2022 quarter at 0.45.

Quarterly (TTM)
Annual

Average

0.68

Median

0.69

Minimum

0.58

Maximum

0.80

Globe Telecom, Inc. (GTMEY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Globe Telecom, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 13.47%

Maximum Annual Current Ratio = 0.80

Minimum Annual Increase = -27.70%

Minimum Annual Current Ratio = 0.58

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.623.05%
20230.61-7.41%
20220.6613.47%
20210.58-27.70%
20200.809.38%
20190.73-4.09%
20180.765.15%
20170.7212.49%
20160.64-10.42%
20150.72-7.25%

Globe Telecom, Inc. (GTMEY) Average Current Ratio

How has GTMEY Current Ratio performed in the past?

The current Current Ratio of Globe Telecom, Inc. (GTMEY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.63

5-year avg

0.65

10-year avg

0.68

Globe Telecom, Inc. (GTMEY) Current Ratio vs. Peers

How is GTMEY’s Current Ratio compared to its peers?

Globe Telecom, Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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Frequently asked questions❓

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What is the 5-year average Current Ratio for Globe Telecom, Inc. (GTMEY)?

How does the current Current Ratio for Globe Telecom, Inc. (GTMEY) compare to its historical average?